Foundations Investment Advisors LLC Has $5.33 Million Stake in First Trust Capital Strength ETF $FTCS

Foundations Investment Advisors LLC boosted its position in shares of First Trust Capital Strength ETF (NASDAQ:FTCS) by 13.5% during the 2nd quarter, HoldingsChannel reports. The firm owned 58,656 shares of the company’s stock after buying an additional 6,972 shares during the quarter. Foundations Investment Advisors LLC’s holdings in First Trust Capital Strength ETF were worth $5,331,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. HBW Advisory Services LLC grew its holdings in shares of First Trust Capital Strength ETF by 2.0% during the second quarter. HBW Advisory Services LLC now owns 5,981 shares of the company’s stock valued at $544,000 after buying an additional 119 shares in the last quarter. Wealthcare Advisory Partners LLC lifted its stake in First Trust Capital Strength ETF by 1.2% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 10,418 shares of the company’s stock worth $947,000 after acquiring an additional 127 shares in the last quarter. Hazlett Burt & Watson Inc. boosted its position in First Trust Capital Strength ETF by 26.4% during the 2nd quarter. Hazlett Burt & Watson Inc. now owns 618 shares of the company’s stock worth $56,000 after acquiring an additional 129 shares during the period. MGO One Seven LLC grew its stake in First Trust Capital Strength ETF by 0.8% during the 2nd quarter. MGO One Seven LLC now owns 19,459 shares of the company’s stock valued at $1,769,000 after acquiring an additional 154 shares in the last quarter. Finally, Huntleigh Advisors Inc. grew its stake in First Trust Capital Strength ETF by 2.8% during the 2nd quarter. Huntleigh Advisors Inc. now owns 5,826 shares of the company’s stock valued at $530,000 after acquiring an additional 161 shares in the last quarter.

First Trust Capital Strength ETF Price Performance

NASDAQ FTCS opened at $91.70 on Friday. The firm has a market capitalization of $8.21 billion, a price-to-earnings ratio of 21.51 and a beta of 0.80. The company has a 50 day simple moving average of $92.62 and a 200-day simple moving average of $91.68. First Trust Capital Strength ETF has a 52-week low of $80.65 and a 52-week high of $94.37.

First Trust Capital Strength ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were paid a $0.2527 dividend. This represents a $1.01 dividend on an annualized basis and a dividend yield of 1.1%. This is a boost from First Trust Capital Strength ETF’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Thursday, September 25th.

About First Trust Capital Strength ETF

First Trust Capital Strength ETF, formerly First Trust Strategic Value Index Fund, seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an equity index called the Credit Suisse U.S. Value Index, Powered by HOLT (the Index). The Index is developed, maintained and sponsored by Credit Suisse Securities (USA) LLC and Credit Suisse Group AG (collectively, the Index Provider).